Oakland County Retail

Oakland County

Office Space Market Report

Number of Listings (last 90 days)
670
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,510
As of: December 5, 2016

Oakland County Rates

On average, listings lease in the $20's per square foot per year. The Oakland County submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decrease in rent.

Compared to the rest of the Metro Detroit market, the Oakland County region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Oakland County Listing Supply

In the last 90 days, 654 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Oakland County are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,510 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 1 stories. Most buildings in this market were built in 1978 and are Class B.

Oakland County Community

Market Report

Trends and status of the commercial real estate market in Oakland County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Oakland County.
Research